We expect a $440 movement on GBPUSD within 12 hours following the release of ISM Manufacturing PMI at 04 Feb 02:00. We expect GBPUSD to trend downwards 12 hours following the event release at 04 Feb 02:00 if the released value is > 48.5. A price movement of 44 pips is expected.

Historical events that allowed us to draw this conclusion

02 Jul 00:00

02 Apr 01:00